The North liked high tariffs on foreign goods because?
When people must pay high taxes on foreign goods, they will most likely buy cheaper locally made products.
To understand why the North liked high tariffs on foreign goods, we need to delve into the historical context of the United States during that period.
During the 19th century, the United States was undergoing rapid industrialization, especially in the North. The North was characterized by a strong manufacturing base and a growing middle class, while the South relied heavily on agriculture, particularly cotton production. The issue of tariffs served as a major point of contention between the North and the South.
Advocates in the North favored high tariffs on foreign goods for a variety of reasons:
1. Protection of domestic industries: High tariffs provided protection for domestic industries against foreign competition. Domestic manufacturers were able to produce goods at lower costs due to economies of scale and advancements in technology. However, foreign competitors often had lower production costs, which allowed them to sell their goods at lower prices. By imposing high tariffs, the North sought to create a level playing field, making foreign products more expensive and thereby stimulating demand for domestic goods.
2. Job creation: The North believed that high tariffs would promote the growth of domestic industries, leading to increased demand for workers. As industries expanded, they would require more labor, resulting in job opportunities for the growing population in the region. This was particularly important for immigrants who were flocking to the North in search of employment.
3. Economic independence: Advocates of high tariffs saw it as a means to achieve economic self-sufficiency or independence. By protecting domestic industries, the North aimed to reduce its reliance on foreign goods. This was especially desirable during times of conflict or war when access to foreign goods could be disrupted.
It is important to note that while the North generally supported high tariffs, this stance was not universally shared. Some Northern politicians and businessmen recognized the potential drawbacks of tariffs, such as higher prices for consumers and potential trade retaliation from other countries. The issue of tariffs became a contentious political topic during this period, culminating in the Tariff Act of 1861, which raised tariffs to fund the Union's war efforts during the Civil War.